Speeding up the development of ‘strategic forward-looking disruptive technologies’ is a focus of the country’s latest five-year plan. ( read original story …)
Monthly Archives For November 2020
PSA, Fiat Chrysler likely to cut models, brands in China after merger
The broad outlines of the plans by PSA Group and Fiat Chrysler Automobiles to regain lost ground in China under Stellantis, their future combined company, are starting to emerge: fewer brands, fewer … ( read…
China-Australia relations: ‘speechless’ exporters fear Beijing may impose crippling anti-dumping duty on Australian wine
Australian wine exporters could be hit twice – first with a ban on wine this week, then a possible anti-dumping duty after a months-long investigation into whether imported Australian wines have been … ( read…
China Rich List 2020: 68 Newcomers Join The Ranks As Cutoff Rises To $1.55 Billion
On Forbes’ new list of China’s 400 richest people, newcomer billionaires built fortunes in everything from e-cigarettes to e-commerce. They join the ranks of China’s wealthiest on the back of a … ( read original…
China halts Ant Group’s blockbuster IPO
The Shanghai Stock Exchange slammed the brakes on Ant’s initial public offering Tuesday, which was set to be the biggest stock debut in history with investors on multiple continents and at least $34 … (…
China’s 400 Richest 2020: Total Wealth Surges Amid Pandemic
The fortunes of China’s wealthiest surged amid a pandemic-driven boom in e-commerce, tech IPOs and—no surprise—healthcare. ( read original story …)
China Isn’t Nervous About the U.S. Election
The winner simply isn’t that important to Chinese leaders or the general public, who see the United States as a power in decline. ( read original story …)
Coronavirus in China: Xinjiang counties carry out mass testing for a fourth time in 12 days
All residents of Shufu and Aktau, in China’s far west, are to be tested again amid fresh outbreak. Authorities made the decision after hundreds of asymptomatic cases were found. ( read original story …)
China just suspended Ant Group’s $34 billion IPO, the largest in history. Here’s how the company was spun out of Jack Ma’s Alibaba and has transformed the global fintech market.
Regulators found “major issues” with Ant’s listing, a move that comes after Chinese banks have taken issue with Ant for veering into their business. ( read original story …)
China New Energy Vehicle Drive Motor Market Report 2020: Major Manufacturers, Raw Material Costs, Market Competition
The “Research Report on China’s New Energy Vehicle Drive Motor Industry, 2020-2024” report has been added to ResearchAndMarkets.com’s offering. With government support and technological progress, the … ( read original story …)
Hong Kong leader Carrie Lam asks central government to support tech cooperation with Shenzhen, keep city posted on Covid-19 vaccine
Hong Kong leader Carrie Lam Cheng Yuet-ngor has called on China’s science minister to support the city’s closer cooperation with Shenzhen in the development of a planned innovation and technology park … ( read original…
Blockchain Bites: Ethereum 2.0’s Deposit Contract Goes Live as ETH Miner Revenues Dwindle
Staking begins Ethereum 2.0’s deposit contract is now live, as of 15:00 UTC. According to developer Afri Schoedon, the deposit contract (a bridge between the forthcoming proof-of-stake (PoS) … ( read original story …)
China Media Told to Stay Low-Key on U.S. Election
The big news in Chinese media isn’t the U.S. election—it’s the delayed listing of the massive Ant Group, the financial giant owned by the billionaire Jack Ma, on the Chinese stock market. Without that ……
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